MCL 20.0% 0.4¢ mighty craft limited

Question: If the $7.2m received from the sale of Mismatch and 78...

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    Question: If the $7.2m received from the sale of Mismatch and 78 degrees goes half to senior debt lender and the rest to working capital how do they plan to pay the ATO the $8.2m they stated they would pay by July 2024? From the Half Yearly Report issued on the 29/2/2024 -

    "As at the date of this report, the Company has short term debt of $2.5 million due for repayment in August 2024. The Company has also entered into an
    ATO payment plan for liabilities of $8.8 million (including accrued general interest charges) due for repayment in July 2024."
 
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